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20130422
20130422
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the sequester for flight delay. it is just another example of shoddy management by the faa. lori: gas prices are tank. why good news may still be on the way. melissa: fed watchers in full speculation mode as bernanke has he will skip jackson hole. a first for a federal chairman in 25 years. what does it mean? now, to the floor of the new york stock exchange. nicole petallides. nicole: we will get to some of the home builders in a second. right now you have a mixed market. the dow jones pulling back a bit. that 2.2%. last week was a rough week for the dow jones industrials. there is the tech heavy nasdaq. there is a look right now at how we have done so far. obviously, you can see that we have had a nice run this year. i wanted to also take a look at some of the homebuilders. we got in some existing home sales. pound .6% month over month. that is not good news there. the home prices that you saw word. back to you. lori: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the econo
hollyfield. >> it looks good here. an f.a.a. spokesman said each day this will be one, usually two air traffic controllers here in san francisco on furlough. today, you are doing fine. talk of furloughed air traffic control and possible delays at airports has traveled feeling very confused. >> i was on time but it also says to look out for the three-hour delay so i don't know. >> los angeles experienced delays up to three hours laugh night the first day of sequestration cuts. one traveler sat on the tarmac for an hour. >> officials said the flight was canceled. they decided, no they would reroute the plane. we are taking a cab from fresno to los angeles at 1:00 o'clock in the morning. >> the cuts were order by congress and the f.a.a. forces air traffic controllers to take a furlough day every other week to save $600 million. >> a spokesman at sfo says the impact. vary. >> today we are not seeing any effects but it could be something like weather where each day could be a different story. >> lot of it depends on weather, passenger load and scheduling and delays at other airports. althou
. >>> and the dreamliner could be flying again within weeks. the faa has approved the aircraft maker's plan to fix its troubled batteries. >>> the top trending stories. plus the atf wants to know what caused a massive ferlt lieser plant explosion in texas. >>> and a funny car that provides anything but laughs in north carolina. details next. >>> more than four days after that huge explosion at a fertilizer plant in central texas, officials say everyone is accounted for. 14 people killed, 200 injured, and of the 14, 10 were first responders. gabe gutierrez reports from west, texas. >> reporter: new video of the damage in west, texas, after a fertilizer facility exploded in a blinding fireball. for the first time we see an apartment complex ripped open. chunks of concrete tossed hundreds of yards. a school heavily damaged and this nursing home shattered. investigators said they found the origin of the explosion but it won't say where or what triggered it and they still aren't sure what caused wednesday's initial fire. >> we know there was an initial fire and then an explosion. we do not have a time line
to the viewers out west. on the first day of faa furloughs, there were delays. but the airlines saying don't blame us. the biggest delays hit los angeles international first. last night the federal aviation administration reported a staffing problem causing some arriving flights to run an average of three hours and seven minutes late. >> we're going to crater the entire system. orter: the nation's airlines and biggest pilots union say it points to troubles ahead. their plan to furlough air traffic controllers, forcing them to tay home one day every other week will bring the system to a grinding halt. >> it will be like having hurricane sandy in the north and hurricane katrina in the south at the same time. >> reporter: so they're suing the faa to postpone the furloughs but the faa says it's the only way to slash $637 million from its budget, cuts required by congress. the busiest airports are expected to take the hardest hits. maximum delays at atlanta's hartsfield-jackson could reach 3 1/2 hours. chicago's o'hare, more than two. and at new york's laguardia, nearl
of the sequestration cuts ordered b congress. the f.a.a. says safety will not be compromised but there will be delays and today is the first big test as it is the first business day of the cuts. air traffic controllers hope that pressure from the public will stop the furloughs. this is going to be impactful and we agree there should be another way to accomplish this. airlines are not happy about this, either, and they say the passengers should tell the f.a.a. they don't like this and find other ways to cut. the f scheduled to last through the end of september. >> the ground staff of the german airlines have walked off the we job forcing germany's biggest carrier to cancel the majority of flights. some united passengers to germany may be booked on a different flight so check your ticket and the airline. >> oak police are searching for the down man involved in an attempted robbery in an upscale neighborhood on saturday night. the shooter tried to problem a man walking down the street but shot him and not taking anything. the victim was taken to the hospital and is stable condition. the shooter ran off.
and i don't think it's right. >> faa says this will not impact safety. the advice during this is check on the flight before head together airport we've got a link to a beb site that will do that for you so go to abc 7 news.com and click on see it on tv. at sfo, abc 7 news. >> mountain view company's efforts to develop bio fuel is getting a boost from the obama administration. the energy department awarded $2.5 million to cobalt technologies. this to test bio fuels for fuels for jets and ships part of the efforts to advance bio fuel technologies to bring down costs. a and identify effective processing technique that's don't come from food stock. >> up next yosemite park rangers welcome back a young girl who stole or borrowed two sticks what. she did on her visit. >> the search for computer programmers is competitive and how the super geniuses are taking a page to get the first deal. >> we can see clear conditions now but costal fog is making a come back. >> this is the traffic at 4:36. 680 north is oncoming traffic slowing down just a bit as it normally does. going southbound back towar
and pilot organizations are trying to stop the furloughs from happening by suing the faa but they are here and commercial flights really move flatly throughout the united states yesterday. but the real test will come together. that is because air traffic -- because of budget cuts all air traffic controllers must take one day off every two weeks. that means they will lose one traffic controller every day. santa rosa airport they were down at least one controller yesterday. folks there said they were concerned about safety and felt the government could have made cuts elsewhere. >> we are looking at a tiny percentage that needs if be reduced. it's ridiculous they can't do that. you and i can certainly if we want to take $5 off of our spending for lunch over a month, it's easy for us to do. >> reporter: yesterday sfo and ma theta san jose reported no problems. sources inside the air traffic control tower here said four workers were furloughed yesterday. we still have to find out how many are furloughed today. meanwhile 100 contract towers in small airports across the country are scheduled to s
through september. there has been a lawsuit filed against the faa, but the case has not been taken up in court. the furloughs could result in delays or canceled flights for one out of three airline passengers. the busiest time of year for travel could be a little bumpier than usual. joining us from washington is former "new york times" correspondent elizabeth becker. elizabeth just penned a new book called "overbooked: the exploding business of travel and tourism." welcome inside "the war room." >> it's nice to be here thank you. >> michael: what impact will the sequesters have on travel to america? >> well, i'm not convinced that the furloughs will come about. i would say that president obama has shown a partiality to listening to the tourism industry. so i'm not sure it is really going to happen. i think there could be a change of mind. but overall america is just recovering from what the industry is calling a lost decade, where a series of idealogical arguments, and the 9/11 border changes really flattened out tourism for the united states when it was booming
airports. those delays mainly because of the furloughs at the 13 largest airports. faa warning in some cases passengers could see delays up to 90 minutes or more. that is nationwide. this is all part of the sequestration cuts imposed by congress in order try and save more than $600 million. we'll have a look at your local weather and traffic right after this break. hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! ♪ wow. [ buzz ] delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? bee happy. bee healthy. with clusters of flakes and o's. oh, ho ho... it's the honey sweetness. i...i mean, you...love. >>> current temperatures already showing numbers closing in on 80 around livermore, fairfield. some of the warmer places we'll see. slight offshore breeze. we should see the sea breeze kick in later this afternoon. but in the meantime upper 80s to low 90s for valley temperatures, 70s closer to san francisco. cooler temperatures start to arrive tomorrow. more
Search Results 0 to 8 of about 9